Maryland Annuity Resource believes in protected money strategies that are simple if you understand that there is a whole bunch of bad people out there just waiting to get their hands on your assets and wealth. Through simple planning and taking the right steps, there are several ways to protect your money if you act now. Maryland Annuity Resource has several ways for you to protect your money and for any other strategies, we partner with local attorneys to do all of the legal ease.
What is Non Protected Money?
During the process of wealth accumulation and estate creation, you need to understand that bad things happen to good people everyday. It is just a fact of life. We never know what is around the corner but careful planning now can help mitigate losses in the event of a mistake or just bad luck. In general we believe that non protected money is money that is placed in investments that have the probability of losses. Some of these investments are stocks, bonds, and yes mutual funds. All of these have the potential for loss.
We all have a unique perspective since we are living and have experience the crisis of 2008 and continued government actions that effect all markets. We all know someone of some companies that have experienced catastrophic losses to either the point of bankruptcy or even suicide. When you wake up and know that you are broke, it is sometimes too much to handle. We do not want this to happen to anyone so we are here to help educate you about the differences of protected and non protected assets. Most of your assets could go through probate at death and even be accessible to creditors if you have non protected money.
What is Protected Money?
There are many definitions of protected money and several strategies that are practiced by the super rich. Well, we are not super rich but we would like to share with you what we thing protected money really is. Protected money is never in the markets like stocks, bonds, and mutual funds. However there are ways to protect your money and still experience the growth or upside only of these markets while still being protected.Protected Money is never in the markets (stocks, bonds, funds) but can have growth of the market. Protected money shows the growth of market, but not IN the market. Protected Money only goes up, it can never go down. Taxes are deferred so you see more realized gains. Death Benefits are paid directly to beneficiaries, so your money bypasses probate.
How is my Non Protected Money at risk?
Maryland Annuity Resource deals with all walks of life. We service business owners, medical professionals, lawyers, and even the county worker. While some professions are more at risk than others, there still is a risk of a mistake or accident that you need to understand and protect your money from.
Some of these professional risks include:
- Trademark infringement lawsuits
- Sexual harassment accusations
- Employment discrimination lawsuits
- Malpractice and Breach of Contract lawsuits
- Work related Motor vehicle accidents
- Slip and fall workers compensation accidents
Some of these personal risks include:
- Auto accidents
- Social host liability
- Vicarious liability
- Overextended debt
- Medical issues
- Change in mortgage loan
There are several ways to protect not only yourself but all of your accumulated wealth through legal strategies and use of insurance products. If you would like more information about protecting your money, contact us anytime.